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عربي

Banque Saudi Fransi

   (1050.SSE)
Also known as: BSF
Last Trade
43.80SAR
- 1.35%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Updated: Jun 07, 2011
 
 
 
Country

Saudi Arabia

Ownership Type
Company Type
Joint Stock
 
 
 
 
Principal Activities
Provides conventional and Islamic commercial banking services including deposits, loans and credit cards; asset management services including wealth management.
 
Date of Establishment Year
1977 (June)
 
No of Employees
2,445 Company, N/A Group (As of Jun 07, 2011)
 
No of ATMs
346
 
Branches
Saudi Arabia (102)    
 
Stock Market Listing
Exchange Symbol ID Stock Type Currency
Saudi SE  1050 1050.SSE Ordinary SAR
 
 
Contact Details
Address:
Banque Saudi Fransi Building
Al Maathar Street
Al Murabbah Area
P.O. Box 56006
Riyadh  11554
Saudi Arabia
 
Tel:
+966 1-289-9999
 
Fax:
+966 1-404-2311
 
Email:
communications@alfransi.com.sa
 
Website:
www.alfransi.com.sa
 
Related Links:
www.credit-agricole.fr

 
 
 Business Overview
The Saudi-based Banque Saudi Fransi (BSF) provides conventional and Islamic commercial banking services including deposits, loans, credit cards and asset management services including wealth management.

BSF fully acquired Calyon Saudi Fransi Limited and Caam Saudi Fransi, in January 2011 and merged their operations under Fransi Tadawul, later renamed Saudi Fransi CapitalSaudi Fransi CapitalLoading.... Consolidating the services of the three companies, Saudi Fransi CapitalSaudi Fransi CapitalLoading... provides investment banking services including corporate finance and investment advisory on mergers and acquisitions, IPO and underwriting, conventional and Islamic asset management including fund, wealth and portfolio management and securities brokerage and trading services.

BSF’s total revenues decreased by 7.04% to SAR4.87 billion (USD1.3 billion) and its net profits increased by 13.37% to SAR2.80 billion (USD747 million), in 2010.
 
 
 Major Shareholders  Section Updated: 01Dec11
Name   Type  Country  Holding 
Credit Agricole Corporate and Investment Bank  Corporate France 31.11% 
General Organization for Social Insurance - Saudi Arabia  Government Saudi Arabia 12.80% 
Rashed Abdul Rahman Al Rashed and Sons Company  Corporate Saudi Arabia 9.80% 
Mohammed Ibrahim Mohammed Al Issa  Private Saudi Arabia 5.00% 
Altouq Company  Corporate Saudi Arabia -
Public   - 41.29% 
 Note: Altouq Company's shareholding is part of the public stake.
 
 
 Foreign Ownership Limits
Section Updated: 29Dec09
Owned Permitted
100%
GCC Nationals
 
49%
Foreigners
 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
Saudi Fransi Capital Saudi Arabia 99.00%
Sofinco Saudi Fransi Saudi Arabia 50.00%
Allianz Saudi Fransi Cooperative Insurance Company Saudi Arabia 32.50%
Al Amthal Financing and Leasing Compamy Saudi Arabia 20.00%
Investments
Name  Country  Holding 
Banque Bemo Lebanon 10.33%
Saudi Travellers Cheque Company Saudi Arabia -
 
 
 Representatives
Auditors
PricewaterhouseCoopers Saudi Arabia KPMG Al Fozan and Al Sadhan
 
 
 Financial Results  31-Dec-09  31-Dec-10   Yr on Yr 
  SAR'000 SAR'000 change (%)
Total revenues  5,239,503 4,870,388 (7.04)
Net profit  2,470,615 2,801,007 13.37
Total assets 120,572,438 123,218,330 2.19
Paid-up capital 7,232,143 7,232,143 0.00
Shareholders' Equity 15,732,673 18,003,661 14.43
Shares outstanding 723,214 723,214 0.00
Market capitalization 29,434,822 32,327,679 9.83